Bull's Eye: Short Sesa Goa, Adani Power, buy Uflex

Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.

Remember these are midcap ideas not just for the day, but stocks that look attractive in the medium-term as well.
This week, SP Tulsian of sptulsian.com, Ashish Kapur of Investshoppe and Lancelot D Cunha of Sharyans Wealth Mgmt battle it out for top honours.
Below their top stock picks and analysis: SP Tulsian of sptulsian.com
Buy TTK Healthcare with a day target of Rs 464 and stop loss of Rs 430. After announcements of Q3 results by the company we have been seeing informed buying in the stock and this trend of buying is likely to continue for next 2-3 days and hence a buy call has been given.
Short BGR Energy with a day target of Rs 237 and stop loss of Rs 252. The company has posted very poor numbers for Q3 with drop of about 33% in top line as well as bottomline resulting into an EPS of less than Rs 8 for Q3 against Rs 12 plus in the same quarter of the previous year. The counter therefore is likely to see the profit booking and the long liquidation which can make the stock to rule weak going forward.
Buy India Glycols with a day target of Rs 149 and stop loss of Rs 139. The company has posted very good numbers and in spite of the provision of very high Forex losses of Rs 22 crore, the EPS for Q3 has been at Rs 8.30 against Rs 2.65 in the same quarter in the previous year and the consistency of the good financial results has been maintained in the third quarter also. And hence fresh and renewed buying may be seen in the stock and hence a buy call.
Short India Infoline with a day target if Rs 67 with stop loss of Rs 72. This stock has seen a good run up yesterday which in my view is more than what the Q3 results warrants and hence the long positions having got created may see getting liquidated once the stock starts correcting as also the profit booking will be seen by the traders those who have entered into the stock yesterday at a lower level and hence a sell call on the stock.
_PAGEBREAK_ Ashish Kapur of Investshoppe
Take long position on Uflex. With the market being in a very positive frame number of midcap quality names have started moving up very well. The company has been doing very well in the Q2 results, showed a very significant increase both in bottom-line as well as the revenue. They are also planning to add new lines of production.
Go long on Crompton Greaves. This company has been performing very badly over the last few quarters. The stock price also has fallen very significantly. Of late buying has emerged. The company has not been doing well because of slow down in orders in the power sector but the current price in many ways factors in all the negatives concerning this company. Going ahead we expect the margin situation to improve. The company has affected around 9% increase in their various products. They should help ease the margin pressure.
Short Sesa Goa with a target of Rs 220 and stop loss at Rs 233. The reason I am going short is firstly to hedge the portfolio and secondly this is one stock which has moved up smartly over the last couple of weeks but the current situation does not warrant such a good run up in the stock price. The company is going through a very rough patch. The Karnataka mining ban is affecting its operations very badly and even in Goa there is a lot of uncertainty regarding mining. The situation will get clear only after the assembly elections are held in March.
Long call on Bharat Forge with a target of Rs 323 and target of Rs 299. I am bullish on this stock because this is one midcap stock which has not performed very well. The company is fundamentally very strong; they are seeing a good amount of traction in automotive business. Also their diversification into non automotive business is going very well and they are also doing very well in the non automotive segments also. Overall the company is fundamentally very good, available still at very decent valuations.
 
_PAGEBREAK_ Lancelot D Cunha of Sharyans Wealth Mgmt
Buy India Cements. It came out with very good numbers. It's one of the companies which are based in south and because of which I have been seeing that south cement prices have been holding up far better than in other regions. It is adding on some captive power plants and a coal mine to its portfolio which also makes it an interesting long term pick. It's trading at about USD 78 per tone which is fair value for the stock. Given the recent momentum in cement stocks, I expect it to continue with its target price of Rs 99.50.
Buy ILandFS Transport because it recently won an order and is expected to come out with good results. This is one company which has almost completed financial closure for all its projects and on the back of better execution I see it coming out with good numbers for the third quarter. Given the momentum that we are seeing in this company and the fact that it had fallen from its high substantially this is a good opportunity when the stock will move up to its target price of Rs 220.
Buy Tulip Tele because it's one of the leading players in the electronic enterprise data systems and is now moving towards electronic enterprise data services, which present a huge opportunity. It's also in the process of monetizing some of the capex that it made in terms of the data centers that it set up and is looking for some strategic investors which should be good for the company in the long term. With some price trigger on the fact that it may tie up some strategic investor the price could hit its target price of Rs 122.
Sell Adani Power. It came out with very poor results. It made loss of Rs 358 crore on the back of higher coal prices and given the fact that the coal prices are looking to remain at these levels or may be even go up further. The stock is trading at about 9 times EV to EBITDA and given the negative news that it came out with you could see some selling in the short term.